SI Group and Shengxiao Group Establish Joint Venture
On June 26, 2026, the world-renowned SI Group announced a new partnership with Shengxiao Group aimed at enhancing the production capabilities of bisphenol in China. This strategic collaboration involves the establishment of Shengnova Advanced Materials, which will utilize innovative technologies and the existing manufacturing strengths of both companies to meet the growing market demand in the Asia-Pacific region.
Meeting Regional Demands
The demand for bisphenol, a crucial monomer used in liquid crystal polymers (LCP), polyphenylsulfone (PPSU), and various high-performance applications, has seen a notable increase across sectors such as electronics, automotive, and medical industries. With this joint venture, SI Group and Shengxiao Group aim to significantly step up their production capacity to supply the local markets effectively.
Guo Xiaozhong, the president of Shengxiao Group, stated, "Partnering with SI Group to form Shengnova Advanced Materials will allow us to deliver bisphenol to our Asian customers more efficiently. Bisphenol is integral to our portfolio of monomers for liquid crystal polymers, and our customers greatly value local supply and accessibility. Integrating SI Group’s bisphenol expertise strengthens our capabilities in tackling the burgeoning markets."
David Bradley, President and CEO of SI Group, echoed these sentiments, noting, "This joint venture aligns with our growth strategy and enhances our ability to serve clients worldwide. Establishing Shengnova Advanced Materials will expand our capacity to competitively provide bisphenol to clients in Asia while maintaining our production in Newport, Tennessee. This position enables us to better cater to our global customers' needs, support rising regional demand, and enhance supply security through a multi-regional production network."
About the Companies
SI Group is a global leader in high-performance additives and chemical intermediates solution development. Their offerings are crucial for enhancing the quality and performance of industrial and consumer goods within various sectors, including plastics, rubber, and coatings. Located in The Woodlands, Texas, the SI Group operates 18 manufacturing plants across three continents and serves clients in over 80 countries with a workforce of approximately 1,500 employees motivated by their commitment to delivering sustainable and innovative solutions.
Shengxiao Group, founded in 1987 and based in Quzhou, Zhejiang, China, spans various industries including advanced materials and specialized chemicals. Their product lineup includes a range of essential chemical intermediates for LCP applications, supporting industries like AI, electronics, communications, health, and food. Shengxiao Group supplies high-quality chemical products globally, reaching customers in nearly 100 countries.
Through the establishment of this joint venture, both companies anticipate providing increased local supply and responsiveness to the rapidly evolving market requirements, significantly enhancing their position within the industry.
For additional information about bisphenol, please visit
SI Group's website.